CVS Health Corp.  CVS, -0.49% is in advanced talks to acquire home-healthcare company Signify Health Inc. SGFY, +1.34% for around $8 billion, according to people familiar with the matter.
CVS Health Corp is in advanced talks to acquire home-healthcare company Signify Health Inc for around $8 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.

CVS in Advanced Talks to Buy Signify Health

05:55pm, Friday, 02'nd Sep 2022
Deal could be made final soon, sources say.
This commentary first appeared on  Forbes Great Speculations , where Schaeffer's Investment Research is a regular contributor.
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Yahoo Finance's Anjalee Khemlani discusses news that Amazon has joined the bidding for Signify Health.
CVS Health (CVS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Share of Signify jumped 40% on reports that a bidding war could value the firm at more than $8 billion.
Several major companies are bidding to buy Signify Health. The bidders reportedly include UnitedHealth, Amazon, CVS Health and Option Care Health.
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